This post is representing my believe about BTC, some will not agree, but i feel like my doubts are real regarding BTC. It's not a financial advice, and counter-opinion are welcomed in the comment section.
I believe despite BTC was the first crypto of all, its lifespan will be shorter than many think how long it will be. Multiple times i've been told its usecase is storing value. Well this is the fact i do not agree, its not storing value at all, it's an asset of speculation, therefor its not storing, its actually changing value. This is more like gambling, you can place your bets on this asset, and instead storing value with it you have the chance to increase the value allocated in it, or decrease...
The gap is closing
This graph shows the total market capitalisation of the whole crypto industry and it clearly show how the dominance of BTC decaying year to year. Well the gap between BTC and ETH was real close once during 2017, but shortly after it opened wide, for 3 years the dominance of BTC was unquestionable, but during this time other new crypto projects were appearing day to day. And the gap between BTC and other crypto assets (exclude the named ones) have been closed during 2018 two times already drive by the hype of some new instruments.
There are plenty crypto projects with actual use cases and therefor real value in the long term, but BTC is not one of them. In the upcoming bear the potential transfer of wealth within the crypto family will be huge, when the unstoppable downfall of BTC will hit the market it will hurt.
I'm currently don't have any BTC and not planning to have any in the future either.
By bets are on: ETH, SOL, DOT, ADA, and ofc HIVE
The biggest problem with ETH right now is the huge transaction fees, the POS mechanism going to give an answer to this problem in the future.
